Gland Pharma Ltd gains for third consecutive session
Gland Pharma Ltd is quoting at Rs 1793.5, up 1.28% on the day as on 12:49 IST on the NSE. The stock is down 2.51% in last one year as compared to a 5.44% spurt in NIFTY and a 9.39% spurt in the Nifty Pharma index.
Gland Pharma Ltd is up for a third straight session in a row. The stock is quoting at Rs 1793.5, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.43% on the day, quoting at 24840.25. The Sensex is at 81449.59, down 0.42%. Gland Pharma Ltd has risen around 20.86% in last one month.
Meanwhile, Nifty Pharma index of which Gland Pharma Ltd is a constituent, has risen around 0.24% in last one month and is currently quoting at 22039.45, down 1.59% on the day. The volume in the stock stood at 2.97 lakh shares today, compared to the daily average of 1.95 lakh shares in last one month.
The PE of the stock is 26.75 based on TTM earnings ending March 25.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
16 minutes ago
- India Today
How India Post found a money-spinner in Goa tourism
In north Goa, India's first such pick-up service on wheels for collection of consignments and parcels dispatched by international tourists has generated revenues of over Rs 24.73 lakh for the department of posts. The pilot project launched on January 14 had handled 594 international and 637 domestic consignments by the end of May.A senior official from India Post says international tourists who spend time in Goa choose to send clothes, handicrafts and other purchases back home using postal services. 'We send the van to their doorstep to collect the parcel and pack it,' he adds. The van has a crew of two—a driver and a booking staff. Every week, from Monday to Saturday, they follow a designated route that includes Candolim, Calangute, Anjuna, Morjim, Arambol and Assagao in north the service was initially meant to cover foreign tourists, the response was so encouraging that it was extended to domestic consignments as well.R.P. Patil, director, postal services, Goa region, says the response to the pilot project was good. A bulk of the foreign tourists who have used the initiative to send parcels abroad are from Russia, followed by those from countries like Israel and the United Kingdom. The department has kept the service running even after the tourist season ended in May because of the persisting demand at some collection points. International tourists usually stay in Goa from October to May. Before launching the service, the authorities distributed pamphlets door-to-door to build awareness on the initiative. In an experimental run from April 24 to May 27, 2024, 58 parcels were picked up, including 25 international consignments, which brought in revenue of Rs 2.44 lakh, and 31 domestic parcels that generated revenue of Rs 23, officials also conducted a market survey with potential vendors, shopkeepers, packaging agents, resorts and small exporters. Marketing executives also visited offices, houses and shops of such customers before launching the pilot adds that they plan to launch this service in south Goa, too, around October- November this year and had begun testing the waters. Officials say this could cover tourist spots like Colva, Benaulim and 2023, Goa saw 8.1 million domestic and 453,000 foreign tourists. The numbers went up to 9.94 million domestic tourists and around 468,000 international tourists in 2024. 'The state has witnessed a notable 21 per cent growth in tourism, which promises a very positive trend,' said the Economic Survey of Goa, 2024-25. 'While domestic tourist footfall increased by 22 per cent, foreign tourist footfall increased by 3 per cent. These statistics unmistakably indicate a robust growth in Goa's tourism sector, reaffirming its position as a most preferred tourist destination.'The department of tourism has said tourist arrivals in the first quarter of 2025 have grown by 10.5 per cent year on year as compared to the same period in 2024. The first three months of this year have seen 2.85 million visitors come to Goa, up from 2.58 million in the first quarter of to India Today Magazine
India Today
16 minutes ago
- India Today
China's rare-earth curbs hit Indian auto industry
(NOTE: This article was originally published in the India Today issue dated June 16, 2025)The US-China tariff war may have ostensibly eased into a softer phase of negotiations, but one stealth missile fired by China in its early days has only hit home now. The potential fallout is global, and India is very much within range. On April 4, two days after President Donald Trump's tariff blitz, Beijing had hit back by calling halt to its export of rare earth magnets. China controls over 90 per cent of the global processing capacity for this key component, used in everything from automobiles and fighter jets to robotics and home appliances. As it leverages this monopoly by slow-rolling licences, stockpiles everywhere are falling as rapidly as alarm is imported 870 tonnes of these magnets worth over Rs 300 crore in FY25, mostly from China, as domestic production capacity remains negligible. Now, though, Chinese exporters must themselves obtain government licences, furnishing detailed end-use certificates from Indian buyers, before shipping. The certificates need to be signed by India's foreign ministry and the Chinese embassy, apparently to ensure the end-use is not military. This knot has held up clearances and shipments. Industry sources say over 30 applications approved in India are already pending final clearance in China. AUTO SECTOR IN A BIND It has been a month since China put this squeeze on exports, and whatever inventory Indian auto companies had as a buffer is fast getting depleted and may dry up by June-end. Rare earth magnets, particularly neodymium-iron-boron ones, are essential in electric as well as conventional vehicles—they go into motors, steering, brakes, wipers and audio equipment. With no clarity on normalisation of imports, manufacturers are staring at a significant cut in groups are in some panic. A joint delegation comprising representatives from the Society of Indian Automobile Manufacturers and the Automotive Component Manufacturers Association is set to meet senior Chinese government officials to accelerate approvals and restore supply.'For some of these EV components, the whole supply chain resides in this doesn't change, the entire Indian EV industry will grind to a halt,' Rajiv Bajaj, chairman, Bajaj Auto, had warned in late April. On June 4, Rajan Wadhera, former president of Mahindra & Mahindra Auto and of industry body SIAM, wrote to Union heavy industries minister H.D. Kumaraswamy about the need to '...adopt a diversified, multi-pathway approach' since these magnets are 'indispensable to EVs', nearly 3 kg being needed per vehicle, against 100 grams in a conventional vehicle. 'The ban will begin to impact production by June-July,' says Sudarshan Venu, MD, TVS Motor. 'We're actively exploring ways to de-risk the situation, but there could be cost increases down the line.'A rare earth magnet, made from one of the 17 rare earth elements (lanthanide series, scandium, yttrium), is far superior to other industrial magnets. Rare earth metals aren't 'rare' as such, and are relatively abundant in the Earth's crust. However, they aren't found in pure concentrations, making it economically challenging to mine DOMINANCEChina produces 140,000 tonnes of rare earth metals annually, with the US a distant second, at 38,000 tonnes. In comparison, India's rare earths production capacity, mostly through state-owned IREL (formerly Indian Rare Earths Ltd), is just over 5,000 the new restrictions, several consignments are reportedly stranded at Chinese ports. Gaurav Vaangal, principal analyst with S&P Global in India, says the impact of China's clampdown can be mitigated by 'optimising the product mix to ensure production lines remain operational'. That said, continuous monitoring is essential, as the production line could experience significant disruptions—initially affecting EV components and later extending to ICE (internal combustion engine) parts, potentially leading to serious production challenges, he concedes. That challenge may hit the accelerator before solutions catch to India Today MagazineMust Watch
Time of India
18 minutes ago
- Time of India
Tata Harrier EV vs Mahindra XEV 9e: Entry-level variants compared
Tata Motors recently launched the much-awaited Tata Harrier EV SUV in the Indian market. This new SUV is the carmaker's most powerful, technologically advanced, and feature-rich electric vehicle to date, It also marks the brand's debut offering with an all-wheel-drive configuration. The Harrier EV competes directly with the Mahindra XUV 9e and also faces competition from the Hyundai Creta EV and the BYD Atto 3. In this article, let's compare entry-level variants of the Harrier EV (Adventure) and Mahindra XEV 9e (Pack One) and see which car offers more features. Tata Harrier EV vs Mahindra XEV 9e Comparing the variants and pricing first, the Harrier EV is available in three trims: Adventure, Fearless, and Empowered. As of now, Tata has revealed pricing only for the entry-level Adventure variant, which carries an introductory tag of Rs 21.49 lakh (ex-showroom). The XEV 9e is offered in four variants - Pack One, Pack Two, Pack Three Select and Pack Three. The entry-level Pack One is priced at Rs 21.90 lakh (ex-showroom). In comparison, the Harrier EV costs Rs 40,000 more than the Mahindra. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo Tata Harrier EV vs Mahindra XEV 9e : Which entry level has more features? Taking about the Harrier EV first, the SUV gets LED projector headlights with fog lamps and LED DRLs, 18-inch wheels with aero covers, puddle lamps, and electric adjustable and folding ORVMs. Moving inside, it gets dual 10.25-inch digital screens for a touchscreen infotainment system and digital cluster, cruise control, wired Apple CarPlay/Android Auto, leatherette upholstery, automatic climate control, inbuilt navigation, 4-speakers and two tweeters. It also gets push to-start, front armrest, tilt/telescopic steering, connected car tech with OTA updates, drive modes (Eco, Normal, Sport), Terrain modes (Normal, wet-rain, rough road), drift mode, regenerative braking, V2V and V2L capabilities. In terms of safety, it gets six airbags, a rear camera with rear parking sensors, ESC, ABS, electric parking brake, all-wheel-disc brakes, Hill descent control, traction control, TPMS and more. Now let's talk about features in XEV 9e, LED projector headlights with LED DRLs, LED taillights, 19-inch wheels with covers, illuminated logos, automatic headlights with wipers and electric adjustable ORVMs. In terms of exterior features, the Harrier EV offers a few additional features compared to the XUV 9e, including puddle lamps, auto-folding ORVMs and alloy wheels, though they are a size smaller than standard. In contrast, the XUV 9e gains an edge with illuminated front and rear logos, along with automatic headlamps and wipers. Also, the Harrier gets integrated side steps and is offered with dual-tone colour options right from the base-spec model. Inside, the XEV 9e gets much larger 12.3-inch three digital screens - one for the instrument cluster, one infotainment screen and one for the passenger, wireless Apple CarPlay/Android Auto, Automatic climate control, fabric seats, push-to-start, 4-speakers with two tweeters, front and rear armrest, reclining rear seats, connected car tech with OTA updates and tilt/telescopic steering wheel. Other features include drive modes (Default, Range, Everyday, Race), Snow mode, cruise control, boost mode and more. Here the Mahindra XUV 9e holds a clear edge over the Harrier EV. It not only offers larger infotainment and driver displays but also includes a passenger-side screen as standard across all variants. Additionally, it also gets much more convenient wireless Apple CarPlay and Android Auto, whereas the Harrier EV gets a wired setup. Rear-seat comfort is also better in the XUV 9e, thanks to a reclining backrest and a rear armrest. The Harrier EV additionally gets drift mode with multiple terrain modes and also gets V2L and V2V capabilities. The XEV 9e on the other hand misses out on V2L and V2V, terrain mode, and drift mode, however, it gets snow mode and boost mode which misses out on Harrier EV. VinFast VF7, VF6 Review: Good for India or not?| TOI Auto Safety-wise, the XEV 9e has six airbags, a rear camera with sensors, an electric parking brake, TPMS, ESC and all-wheel disc brakes. In terms of safety, both SUVs offer similar foundational features. However, the Harrier. ev stands additionally get hill descent and ascent control, along with a traction control system. Discover everything about the automotive world at Times of India .
